FASB and the Chookaszian Accounting Research Center of the University of Chicago Booth School of Business to Host Academic Research Symposia
Research on emerging financial reporting issues to be discussed at symposia in 2024, 2025, and 2026
Norwalk, CT—January 23, 2023—The Financial Accounting Standards Board (FASB) and the Chookaszian Accounting Research Center (CARC) of the University of Chicago Booth School of Business recently announced the launch of a series of symposia intended to encourage and support academic research relevant to financial reporting issues that are the subject of early-stage standard-setting activities.
The FASB and the CARC will co-sponsor the Emerging Financial Reporting Issues Research Symposium, a one-day annual symposium to be held at the FASB offices located at 801 Main Avenue, Norwalk, Connecticut, in 2024, 2025, and 2026.
Sixteen months prior to each symposium, the FASB and the CARC will announce a call for research papers and selected research papers will be presented and discussed at the one-day symposium attended by standard setters, academics, and other stakeholders. In conjunction with the call for papers, the FASB staff will host a webinar aimed at helping inform academics about the financial reporting issues and opportunities for relevant research.
“We are pleased to join with the highly respected Chookaszian Accounting Research Center on this initiative to encourage academics to perform and share research on emerging financial reporting issues with standard setters, academics, and other stakeholders,” stated FASB Member Christine A. Botosan. “The FASB uses academic research as an important tool to help identify and assess potential solutions to pervasive accounting issues in carrying out our mission to develop standards that provide useful financial information to investors and other allocators of capital.”
“We are honored to collaborate with the FASB to encourage the production of high-quality, rigorous academic research that can be used to help inform the Board’s decisions on early-stage standard-setting issues,” added CARC Executive Director Michael Minnis. “We encourage all academics with an interest in high-quality financial reporting to participate in this symposium.”
The topic for the first symposium, which will be held on April 5, 2024, in Norwalk, Connecticut, is the Financial Reporting of Intangibles. In February 2023, FASB and the CARC will issue a formal call for papers followed by an informational webinar for academics interested in submitting research to be considered for discussion at the 2024 symposium.
For more information about the FASB, visit www.fasb.org. More information about the CARC is available at www.chicagobooth.edu/research/chookaszian.